Montecito Bank & Trust purchased a new stake in iShares S&P Mid-Cap 400 Growth ETF (NYSEARCA:IJK – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,919 shares of the company’s stock, valued at approximately $868,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in iShares S&P Mid-Cap 400 Growth ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 2,065,287 shares of the company’s stock worth $242,671,000 after buying an additional 103,836 shares during the last quarter. Blue Edge Capital LLC increased its stake in shares of iShares S&P Mid-Cap 400 Growth ETF by 1.2% in the 2nd quarter. Blue Edge Capital LLC now owns 99,403 shares of the company’s stock worth $11,680,000 after acquiring an additional 1,209 shares during the last quarter. Gemmer Asset Management LLC acquired a new stake in shares of iShares S&P Mid-Cap 400 Growth ETF in the 2nd quarter worth $227,000. Summit Financial Strategies Inc. purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth $206,000. Finally, Insight Wealth Partners LLC purchased a new position in shares of iShares S&P Mid-Cap 400 Growth ETF during the 2nd quarter worth $200,000. Institutional investors and hedge funds own 67.99% of the company’s stock.
iShares S&P Mid-Cap 400 Growth ETF Stock Performance
Shares of IJK stock traded up $1.24 on Thursday, hitting $110.85. 1,924,540 shares of the stock traded hands, compared to its average volume of 356,887. iShares S&P Mid-Cap 400 Growth ETF has a twelve month low of $91.30 and a twelve month high of $119.39. The firm’s 50-day moving average price is $113.31 and its two-hundred day moving average price is $111.21. The stock has a market capitalization of $10.40 billion, a PE ratio of 22.45 and a beta of 1.06.
iShares S&P Mid-Cap 400 Growth ETF Company Profile
iShares S&P Mid-Cap 400 Growth ETF, formerly iShares S&P MidCap 400 Growth Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P MidCap 400 Growth Index (the Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market and consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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